AU$100
in 1948 →
AU$1,254.05
in 1987

Australia Inflation Calculator

Australian Inflation Rate, AU$100 in 1948 to 1987

According to the Bureau of Statistics consumer price index, prices in 1987 are
1,154.05% higher than
average prices throughout 1948.
The dollar experienced an average inflation rate of 6.70% per year during this period, meaning the real value of a dollar decreased.

In other words, AU$100 in 1948 is equivalent in purchasing power to about AU$1,254.05 in 1987, a difference of AU$1,154.05 over 39 years.

The 1948 inflation rate was 8.82%. The inflation rate in 1987 was 8.41%.
The 1987 inflation rate is higher compared to the average inflation rate of 2.87% per year between 1987 and 2019.

You may use the following MLA citation for this page:
“1948 dollars in 1987 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2019, https://www.officialdata.org/1948-AUD-in-1987.